Willis has expanded its partnership with insurtech Zywave by integrating the provider’s Benchmark API product into its Risk IQ analytics platform.
Risk IQ helps clients identify coverage gaps and assess counterparty risks. The Benchmark API allows Willis to combine internal data with external loss data and benchmarking intelligence, with the goal of improving analysis, customised outputs, board reporting and predictive capability.
Ben Fidlow, head of core analytics at Willis, said: “We want our clients to be as informed about risk and the insurance marketplace as possible. By integrating Zywave’s Benchmark API into our Risk IQ solution, we are providing a broader view of risk and delivering insights more efficiently to our clients.”
Jim Blinn, principal account executive at Zywave, added: “We’re thrilled to deepen our partnership with Willis. The Benchmark API was designed to transform how brokerages leverage data, and Willis is leading the way in applying this technology to deliver measurable value to their clients.”
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